Dhaka, June 23 -- Bangladesh must urgently diversify its export base beyond garments and mobilise around $300 million in targeted public investments across six non-RMG sectors to cushion the economic blow of graduating from the Least Developed Country (LDC) status, according to a new competitiveness study.

The findings of the study were presented by MA Razzaque, chairman of Research and Policy Integration for Development (RAPID), at a consultation workshop titled "Draft Development Project Proposal (DPP): Competitiveness Study of Potential Private Sectors in Bangladesh" held in the CIRDAP auditorium on Tuesday.

Commerce Minister Khandakar Abdul Muktadir was the chief guest at the event with Commerce Secretary Ataur Rahman Khan in the ch...